Discusses key economic indicators and trade statistics, which countries are dominant in the market, and other issues that affect trade.
The Netherlands is consistently recognized as having one of the best business climates by various international surveys. The 2021 TMF Group Global Business Complexity Index ranked the Netherlands as one of the least complex countries to do business in – Forbes ranked the Netherlands fourth on their latest Best Countries for Business list.
Top five reasons U.S. companies should consider exporting to the Netherlands:
- The ideal European starting point for new-to-export companies looking for their first European distributor.
- An affluent, U.S.-friendly population with a high regard for U.S. products and the highest level of English-language fluency on the continent.
- An innovative business community hungry for new, high-quality products.
- The most advanced logistics and distribution network in Europe.
- Strong links to the rest of Europe and beyond.
The Dutch economy grew by five percent in 2021 as it recovered from the global health crisis. The increase was lower than in other countries in the region (Belgium, France, and the United Kingdom), but the economic contraction in the Netherlands was also lower than in these countries in 2020. The CBP Netherlands Bureau for Economic Policy Analysis’ March 2022 macroeconomic outlook predicted GDP growth of 3.6 percent in 2022 and 1.7 percent in 2023. According to the CBP, the following factors have the greatest effect on economic development in the Netherlands: uncertainty from the Ukraine war, continued increase in energy prices, inflation slashing purchasing power, tight labor market, continued decrease in the effects of COVID-19, stabilization of government finances followed by worsening due to increased spending in the medium term.